Eddie Hobbs

"Cannabilise your mortgage" with your SSIA if you weren't going to opt for an investment property. 😂😂😂

I can say that what Eddie Hobbs says regarding the multinationals, no matter what you think of him, is true.

Large employers in this country are having conversations about a SF govt. It's being done quietly but it is happening.

What I can say is their main concern, from my conversations, is can executives move here - as in will they be raped by a wealth tax?

Which would mean these companies can't send execs here because they won't want to be here which means serious operations in Ireland won't be run.

Which means closures.

Well let them have all the conversations they want. Hopefully Eddie advising against an SF government will lead to people actually voting for them. Its years of FF FG governments that have left houses unaffordable for most working people. We cant look after the big millionairs execs and keep shafting our own.

Horsesh*t, I've worked for multinationals all my life and all the 'execs' are Irish.

If a SF government is, indeed, imminent is there any way to have the, more sensitive, documents relating to the Troubles, and beyond, made classified and locked away from everyone, including the government, until they are gone?

The great Warren Buffet has a saying if you lose money somewhere go back and have a good look around it might find it is still there.

If Eddie&co had invested his funds in the Irish property market from 2011/12 on and transferred it into a REIT he be acclaimed as a financial genius and a Maverick. But he did not.

He made his name by exposing the endowment mortgage scandal and was one of the first financial advisers to come out against the product in some he 90's. Rip off Ireland came after and his program.advising couple to have massive wedding and turn a profit on the cash gifts.

By the late noughties he had lost his allure to me. People who invested had probably gambled on 2-3 other such ventures if one succeeds you have you money back and more.

There was other bigger financial scandals such as Custom House Capital at least Eddie and Co invested the money.

Now he is only trying to promote a book so he will s back trying to use his profile. It's probably rubbish so I be slow to buy it. He is just a other anti vaxers that is full of his own importance

The bearded guy is Ivor "FatEmperor" Cummins. He's amassed 150k followers on Twitter over the Pandemic. Before Covid he used flog keto-diet plans. He transitioned to anti lockdown, anti-mask and anti-vaccine content and makes his money selling Patreon subscriptions.

The younger woman is Tracey O' Mahoney. She's a barrister who raised a lot of money from her anti-vaxx followers to fight the government about covid restrictions. Given that most of those have gone a lot of people have been asking her recently where that money has gone. (She doesn't look like she's going to be returning it). She's ex-Renua, which might explain the Eddie Hobbs connection.

The other two are anti-vaxx GPs. The female GP is from the North and the male is from Limerick. He recently took part in that Men's Rosary that drowned out the women's vigil in the wake of the Ashling Murphy murder.

The whole thing was organised by the anti-vaxxer who aggressively "interviewed" Pat Kenny in the park a few months ago.

So yeah, quite the esteemed circles Hobbs had been moving in prior to RTE and the Sunday Independent taking the odd step to try and rehabilitate him.

It was poor judgement alright. He had a nice gig as a champion of the Irish consumer and should have been content with that. Instead he blew up his reputation on that crazy property scheme. Even if he wasn't directly involved, how could anyone ever trust him again after that?

since there has always been lower tax regions for mnc's, ive always wondered, why havent they moved already?

What's your job? What conversations are you having? With who?

For all we know you could be the bloke that fills the vending machine in a hospital, and you're having conversations about multinational company executives with the guy who folds the sheets. Your "real, very real" warning means nothing if you can't back it up. And you're not off to a very good start by claiming that all the execs of the multinationals have to "move here".

The top (and only) income tax rate in Hungary is a mere 15%. Why aren't all the multinationals already gone from here and set up there if the main driver for their existence is to get a decent rate of tax for their executives?

Why would you even laugh about people who lost their life savings? Mostly working class people.

Brendan Investments was not about property in Detroit, as already said, the objective initially was to invest in European Investments. It was very slick and it was easy to see how people were sucked in.

Celtic Tiger era was absolutely crazy time and the crash was a horrible time. I know people who did not get through it.

Laughing at people Is not needed

It was the silliest example of Celtic Tiger investing that I ever heard of.

But yes viewed in the cold light of day it isn't funny.

As long as no one will ever again trust Eddie Hobbs or Brendan O'Connor or the P.R. techniques used to rehabilitate their image, or fall hook line and sinker for new investing scams, then lesson learned.

Why do anti vaxxers have such an issue with the term anti vaxx?

He has gone to great pains to point out that he himself is not anti-vaxx. Regardless of his own personal views on the matter, sitting down with such an obvious bunch of cranks and grifters is a major red flag. If he wants to have a theoretical discussion on the finer points of vaccines and lockdowns then that's fine, but doing that with Dolores Cahill and Ivor Cummins is not the way to go. Given that he's a well known figure the very fact of him joining them elevates them to a higher level, allowing them spread disinformation with greater ease.

It wasn't a one-off either. He appeared alongside Ivor Cummins on at least one other occasion.

yeah there was a few of them in it, but I suppose Hobbs as the public face and main promoter of it is going to suffer the most fallout. And some fallout it was, from what I read they didnt do proper due diligence at all when buying loads of distressed Detroit houses for $10k and $15k each. If they had of done their due diligence it would have showed that each property was liable for city taxes of around $3k per annum.

So the city taxes began to swallow up the price they paid for the houses, which themselves were located in pretty bad areas that nobody wanted to live in. It was a crazy investment, they didnt seem to realise that even at $10k a house the house would need to pay a further $3k a year, every single year to the city tax office. So after year 1 their 13m investment had huge sums of city taxes owed and they had no money to pay them and the whole house of cards came tumbling down soon after. It was madness to go investing into an asset for 15k when it had an annual tax bill of 3k but thats basically what they did.

I'm always amazed at the ever declining standards of quite a large chunk of the talking heads that make it on the national airwaves...

Having Hobbs on is really scraping the bottom of that barrel...